US Labs, TrustAsia
Secure New Funding

Updated Aug. 30, 2001 2:34 p.m. ET

US Labs Gets $9.5 Million in Equity and Debt Funding

US Labs Inc., Irvine, Calif., said it has received $9.5 million in fresh equity and debt funding. The company said it has completed a $4.5 million round of Series C equity funding. Highland Capital Partners, Accel Partners, and Sage Venture Partners participated in the round. US Labs also struck agreement with Heller Healthcare Finance for an additional $5 million in credit security. The company said it will use the funds to support its growth plans, which include...